What is Leveraged Finance Trading?
Just as the title says, what does it entail? I tried searching for it on the forums but all I could find were threads for the LevFin group within IBD. I am pretty sure that it is a micro oriented trading desk, but what kind of products do they trade? High-yield bonds, loans, that kind of stuff? I am specifically thinking of the LevFin trading desk of a large investment bank.
TIA
They likely trade leveraged loans and not HY bonds (there's a HY corporate's desk for those) and they work with the Lev Fin IB group to price new issue loan deals.
Thanks for your reply! Alright, that sounds interesting. I'll look more into leveraged loans. :)
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